Abx Group Limited · ASX:ABX
Abx — Noosa Mining Investor Conference 2023
15 slides from Abx's conference presentation, Jul 19, 2023
Slide 1: ASX Announcement: CEO Presentation at Noosa Mining Investor Conference
ASX Announcement 19 July 2023 ASX: ABX Managing Director/CEO Presentation at the Noosa Mining Investor Conference ABx Group (ASX: ABX) (“ABx” or “the Company”) is pleased to provide the attached material being presented by Managing Director and CEO Dr Mark Cooksey at the Noosa Mining Investor Confer
Slide 2: Ionic Adsorption Clay Rare Earths in Tasmania
For personal use only (ASX:ABX) Ionic Adsorption Clay Rare Earths in Tasmania Noosa Mining Investor Conference Mark Cooksey Managing Director and CEO 19 July 2023 Page 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by ABx Group Limited ACN 139 494 885 (“ABx” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those secu
Slide 4: Delivering materials for a cleaner future
Le For personal use only Delivering materials for a cleaner future 1. Discovering and developing an ionic adsorption clay Exploration Development Technology rare earth project in northern Tasmania 2. Establishing a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial wa
Slide 5: Board of Directors
Board of Directors Hon Paul Lennon AO (Chair) Dr Mark Cooksey (Managing Director and CEO) For personal use only • Premier of Tasmania 2004-2008 • More than 20 years with Rio Tinto and CSIRO • Deputy Premier and Minister for • Worked closely with aluminium and other metal Infrastructure, Energy & Res
Slide 6: Corporate Overview
Corporate Overview ASX code: ABX Average daily Market cap Cash @ 17 July Listed Issued shares Options 52-week range volume (3 Shareholders (@$0.10) 2023 For personal use only months) 24 Dec 2009 $0.10- 223.6m 1.6m 139,000 $22m $5.5m 2,529 @ $0.20 $0.18 Major Shareholders Shares % $0.24 12 Shareholde
Slide 7: Permanent magnets
Permanent magnets Super Magnets • Essential for electric vehicles and wind turbines For personal use only • Represent over 90% of value of rare earths consumption • Forecast to grow at 7% per year to 2040 %market %market volume value Nd Pr 9% Neodymium Praseodymium Smart Electric e.g. catalysts, gla
Slide 8: Ionic adsorption clay (IAC) rare earth deposits
Ionic adsorption clay (IAC) rare earth deposits • Currently only mined in southern China • Less complex processing: lower costs and shorter time to production For personal use only • Contain much higher proportion of higher value, heavy rare earths Terbium + Y�rium Other HREO Other HREO Dysprosium O
Slide 9: ABx rare earth discoveries in Tasmania
ABx rare earth discoveries in Tasmania For personal use only Launceston • ABx is the first company to discover rare EL application Hobart earths in Tasmania • Deep Leads and Rubble Mound have Wind Break highest reported extractions from any Deep Leads Portrush Rubble Mound clay-hosted REE prospect i
Slide 10: Rare Earths Resource Estimate
New discovery hole RM302 11m @ 1,700ppm TREO Rare Earths Resource Estimate 4444 204 475 633 420 527 • Announced 18 July 20231 987 145 836 For personal use only 1069 156 231 227 • Six-fold increase since maiden estimate in November 20222 525 234 167 424 182 185 162 492 769 184 1824 850 129 171 208 26
Slide 11: Not all clays are created equal: pH is king
Not all clays are created equal pH is king • Deposits A and B are 250 hypothetical (same grade) For personal use only pH 4 pH 3 pH 2 pH 1 Not extracted • Processing cost increases Permanent magnet REO extracted using significantly as pH decreases 200 • Acid consumption • Impurity removal (NH4) 2SO4
Slide 12: Not all clays are created equal: pH is king
Not all clays are created equal pH is king $60 More acid $50 For personal use only Reagent Cost and Product Price (US$/kg REO) • Charts shows indicative reagent $40 cost and product prices, based on published data $30 • As pH decreases, reagent cost $20 alone can be higher than product price $10 Rea
Slide 13: Not all clays are created equal: desorbable grade
Not all clays are created equal ‘Desorbable grade’ varies enormously 250 For personal use only Permanent magnet REO extracted using 200 (NH4)2SO4 at pH4 (ppm) 150 • Deep Leads has the highest ‘desorbable grade’ (REE extractable at pH 4) 100 50 0 Deep Leads (TAS) A B Permanent magnet REO = Pr6O11 + N
Slide 14: ABx rare earths strategy
ABx rare earths strategy Strategy For personal use only • Rapidly develop low-cost production of mixed rare earth carbonate • We operate only where welcomed 2023 Plan • Further investigations of metallurgical processing steps and conditions • Estimate CAPEX and OPEX • Deepen engagement with potentia
Slide 15: ABx Group Limited
For personal use only ABx Group Limited L5 52 Phillip Street Sydney 2000 Australia Phone: +61 2 9251 7177 E: corporate@abxgroup.com.au Mark Cooksey Managing Director and CEO E: mcooksey@abxgroup.com.au